Business

Trump Media Plans Shareholder Token Distribution in Partnership with Crypto.com

Trump Media and Technology Group (DJT), the company behind Truth Social, announced plans on Wednesday to distribute a new digital token to shareholders in a deal with Crypto.com. The token will be issued using Crypto.com’s Cronos blockchain. Trump Media said in a press release that once the program launches, each shareholder would receive one token

Trump Media Plans Shareholder Token Distribution in Partnership with Crypto.com Read More »

APT Falls as Token Underperforms Broader Crypto Markets

APTE$1.6912 fell 2.4% to $1.69 on below-average volume, significantly underperforming the broader crypto market. The broader market index, the CoinDesk 20 Index (CD20), was 0.5% higher at press time. This relative weakness compared to major cryptocurrencies signals selective investor caution toward APT, according to CoinDesk Research’s technical analysis model. The model showed that the token

APT Falls as Token Underperforms Broader Crypto Markets Read More »

Korbit hit with $1.9 million AML fine in negotiations to sell stake to Mirae Asset

Korbit, the South Korean cryptocurrency exchange in talks to be acquired by Mirae Asset, has been fined 2.73 billion won ($1.9 million) by the country’s regulator for multiple anti-money laundering and customer verification violations. The Financial Intelligence Unit said the exchange violated key provisions of the country’s special financial transactions law, including breaches of customer

Korbit hit with $1.9 million AML fine in negotiations to sell stake to Mirae Asset Read More »

Bitcoin’s 2025 bull run was “anticipated.” Then he collapsed.

Bitcoin BTC$88,900.11 The 2025 surge was expected to be historic, with some industry experts suggesting the largest cryptocurrency would reach highs of $180,000 to $200,000 by the end of the year. It was historic. But not as we thought. It is true that bitcoin hit an all-time high earlier than expected, reaching over $126,200 on

Bitcoin’s 2025 bull run was “anticipated.” Then he collapsed. Read More »

Bitwise eyes AI and DeFi tokens with 11 new crypto strategy ETFs

Crypto asset manager Bitwise has filed an application with the U.S. Securities and Exchange Commission to list 11 crypto “strategy” exchange-traded funds (ETFs), including aave. AAVE$149.49un-exchange UNITED$5.9068zcash ZEC$525.46, SUI$1.4484 And TAO$223.11. Tuesday’s N-1A filing details an approach that involves investing up to 60% of a fund’s assets directly in the underlying token, with the remainder

Bitwise eyes AI and DeFi tokens with 11 new crypto strategy ETFs Read More »

Cypherpunk, backed by the Winklevoss twins, holds 1.7% of supply after $28 million purchase

Cypherpunk Technologies (CYPH), a digital asset treasury company backed by the Winklevoss twins, said it purchased $28 million worth of zcash privacy coins. ZEC$524.53bringing its overall assets to 290,062 ZEC ($152 million). The Nasdaq-listed company said in a press release on Tuesday that it purchased 56,418 tokens at an average price of $514.02 per token

Cypherpunk, backed by the Winklevoss twins, holds 1.7% of supply after $28 million purchase Read More »

Scroll to Top